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New York State Society of CPAs executive director Joanne S. Barry has been appointed as a member of the AICPA Foundation Board of Trustees.

Members of the American Institute of CPAs have voted by an 81.39 percent majority to modernize the AICPA's admission requirements to allow more people to join the institute, even if they no longer practice accounting or were never practitioners.

The average U.S. state sales tax rate increased to a record average of 5.52 percent in the first nine months of 2010, the highest level since at least 1982, according to a new report.

Many executives continued to be paid extravagantly last year with little or no regard to corporate performance, according to a new report.

The Financial Accounting Standards Board has issued an exposure draft of proposed changes in the standards for financial reporting about troubled debt restructurings.

Dutch financial markets regulator Hans Hoogervorst will succeed Sir David Tweedie as chairman of the International Accounting Standards Board next June when Tweedie retires from the most powerful and influential position in the accounting profession.

IMGCAP(1)] I recently read Copanion’s 2010 Annual Tax Survey results that reported about 70 percent of accountants are now scanning documents. This statistic sounds encouraging, that is, until you dig deeper into the data. Seventy percent are scanning, but ONLY 20 percent are scanning before preparation.

Having lived in several cities besides New York, including a four-year stint in Colorado, one of the first things that struck me as a naïve 18-year old was how cheesy the TV and radio commercials were in those secondary and even tertiary markets.

The two heads of Microsoft are finding themselves on opposite sides of a battle in Washington State over the imposition of a state income tax that would apply to only upper-income earners.

The Internal Revenue Service continues to prepare the rollout for the registration of return preparers, with the first step being Preparer Tax Identification Numbers, followed by testing and continuing education requirements. Although the rules with respect to practice before the IRS as set forth in IRS Publication 947 are not changing, there continues to be a great deal of confusion, which will only be increased by the new registration requirements.